What’s Propelling ST. Joe Company (the (NYSE:JOE) After Higher Shorts Reported?

The St. Joe Company (NYSE:JOE) Logo

Investors sentiment decreased to 0.88 in 2019 Q2. Its down 0.18, from 1.06 in 2019Q1. It worsened, as 8 investors sold The St. Joe Company shares while 32 reduced holdings. 11 funds opened positions while 24 raised stakes. 55.59 million shares or 0.43% less from 55.83 million shares in 2019Q1 were reported.
Gradient Invests Ltd Com reported 0% stake. Charles Schwab Investment Mngmt has 370,171 shares for 0% of their portfolio. Credit Suisse Ag accumulated 0% or 110,481 shares. California State Teachers Retirement Sys owns 52,094 shares. Price T Rowe Assoc Md holds 7.18M shares. Susquehanna Group Limited Liability Partnership reported 0% stake. New York-based Citigroup has invested 0% in The St. Joe Company (NYSE:JOE). Bankshares Of America Corp De holds 0% or 141,672 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,186 shares or 0% of its portfolio. Manufacturers Life Insur The reported 22,624 shares or 0% of all its holdings. Us Financial Bank De holds 3,700 shares. Parametric Port Assocs Limited Co has invested 0% in The St. Joe Company (NYSE:JOE). Dimensional Fund L P stated it has 0.01% of its portfolio in The St. Joe Company (NYSE:JOE). Wells Fargo Communications Mn holds 0% in The St. Joe Company (NYSE:JOE) or 125,062 shares. Oakworth holds 0.05% or 14,691 shares.

Since May 6, 2019, it had 6 insider buys, and 0 insider sales for $132,358 activity. 1,350 The St. Joe Company (NYSE:JOE) shares with value of $21,461 were bought by Gonzalez Jorge Luis. Bakun Marek also bought $17,440 worth of The St. Joe Company (NYSE:JOE) shares.

The stock of ST. Joe Company (the (NYSE:JOE) registered an increase of 2.08% in short interest. JOE’s total short interest was 5.89 million shares in September as published by FINRA. Its up 2.08% from 5.77M shares, reported previously. With 123,600 shares average volume, it will take short sellers 48 days to cover their JOE’s short positions. The short interest to ST. Joe Company (the’s float is 9.81%.

The stock increased 1.77% or $0.32 during the last trading session, reaching $18.43. About 211,055 shares traded or 55.84% up from the average. The St. Joe Company (NYSE:JOE) has risen 10.57% since September 13, 2018 and is uptrending. It has outperformed by 10.57% the S&P500.

The St. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating firm in Florida. The company has market cap of $1.14 billion. The firm operates in five divisions: Residential Real Estate, Commercial Real Estate, Resorts and Leisure, Leasing Operations, and Forestry. It has a 62.69 P/E ratio. The Residential Real Estate segment plans and develops primary and resort residential communities.

More notable recent The St. Joe Company (NYSE:JOE) news were published by: Businesswire.com which released: “The St. Joe Company and Key International Announce the Commencement of Construction of a 255-Room Embassy Suites Hotel in the Pier Park Area of Panama City Beach, Florida – Business Wire” on August 27, 2019, also Cnbc.com with their article: “California real estate billionaire George Marcus prepares to host Joe Biden for 2020 fundraiser – CNBC” published on September 10, 2019, Finance.Yahoo.com published: “‘Fast Money’ Traders Share Their Thoughts On Shake Shack, Shopify And More – Yahoo Finance” on September 13, 2019. More interesting news about The St. Joe Company (NYSE:JOE) were released by: Prnewswire.com and their article: “These Are Some of the Top Beneficiaries of Canada’s October 2019 CBD News – PRNewswire” published on September 13, 2019 as well as Finance.Yahoo.com‘s news article titled: “These 4 Measures Indicate That St. Joe (NYSE:JOE) Is Using Debt Reasonably Well – Yahoo Finance” with publication date: September 13, 2019.

The St. Joe Company (NYSE:JOE) Institutional Positions Chart

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